It is a decent entry after 4--months of consolidation post-break-out with a Wackoff-style long-term bottom.
Cautionary but a decent entry.
Target to TP#21-23 with a risk of hitting $10 as well.
TP2# 30+
Cautionary but a decent entry.
Target to TP#21-23 with a risk of hitting $10 as well.
TP2# 30+
Trade active
You can put SL higher now as the stock is holding above 13.5. I'm holding and no SL for me.Note
$14.6 is the support to SL if willing. The stock is volatile and should be cautious. BABA leads the Chinese stocks.Note
He keeps going, hitting the major resistance and TP#1 21-23 zone.Note
Keep riding!
Trade closed: target reached
TP#1 hits, pullbacks of -15 or -20% will be a buy for me.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.